TAQA, the global energy company based in Abu Dhabi, can confirm that a hydrocarbon release was detected in one of the Cormorant Alpha platform legs in the northern UK North Sea. It has now been contained with no further hydrocarbon release. The release remained within the platform leg and no hydrocarbons entered the environment. The [...]
Bowleven, the Africa focused oil and gas exploration group traded on AIM, today announced positive results of the IM-5 well drilling offshore Cameroon. The IM-5 appraisal/development well, located approximately one kilometre south of the IM-3 well location, has an estimated target depth of 3,475 metres and is drilling in water depths of around 56 metres. [...]
Abu Dhabi National Energy Company PJSC (TAQA) today confirmed that an indication of hydrocarbons was detected in one of the legs of the Cormorant Alpha platform in the northern UK North Sea at 16.15 hours local UK time on January 14. Since the discovery, hydrocarbon levels have been continually monitored. The platform and all pipeline [...]
BC Petroleum Sdn Bhd (“BCP”), the Company incorporated to operate and manage the Balai Cluster Risk Service Contract (“RSC”) in Malaysia, has drilled the Balai-2 well to a total depth (TD) of 2,266 metres TVDss and has encountered up to 87 metres of hydrocarbon pay in multiple zones. The Balai-2 well is the second well [...]
Scottish Energy Minister, Fergus Ewing MSP, is to address delegates at Oil & Gas UK’s breakfast briefing on the 4th December. The event, sponsored by Endeavour Energy UK, is focussed on the issue of how to improve hydrocarbon recovery from existing assets on the UK continental shelf. The briefing will be held at the Aberdeen [...]
In connection with the investigation of the hydrocarbon leak on the P platform on Ula on 12 September 2012, conditions were identified in relation to the fire and explosion protection that do not comply with the regulatory requirements. The PSA has now given BP a notification of order. The inadequacies identified in connection with the [...]
November 26, 2012 | Posted in
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Providence Resources P.l.c., (“Providence”) the Irish oil and gas exploration and production company, whose shares are quoted in London (AIM) and Dublin (ESM), provides the first technical update on its Rathlin Basin acreage, which is located both onshore and offshore Northern Ireland. Providence holds a 100% interest over six offshore blocks (P1885), which were awarded [...]
September 19, 2012 | Posted in
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A substantial escape of hydrocarbons occurred on the Ula field in the Norwegian North Sea on 12 September. The Petroleum Safety Authority Norway (PSA) has decide to investigate this incident. No people were injured and no damage caused to the installation beyond the equipment directly involved. But the PSA considers the incident to have had [...]
September 18, 2012 | Posted in
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Fastnet Oil and Gas plc, the newly listed E&P company focussed on near term exploration acreage in the Celtic Sea and Africa, announces that it has acquired the entire issued share capital of Pathfinder Hydrocarbon Ventures Ltd from its parent company, Pathfinder Energy Maghreb plc (“PEMP”) for an initial consideration of US$8.0 million to be [...]
Bayfield Energy Holdings plc, an upstream oil and gas exploration and production company announces that the well EG7, located in the offshore Galeota Licence Area in Trinidad and Tobago, has been sidetracked to a total depth of 7,090 (6,678ft TVD). Some thin hydrocarbon bearing sandstones were logged at 5,500ft but due to deteriorating hole conditions, [...]